Stryker Corp (NYSE: SYK) is 10.84% higher on its value in year-to-date trading and has touched a low of $314.93 and a high of $406.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SYK stock was last observed hovering at around $392.39 in the last trading session, with the day’s gains setting it 6.7%.
Currently trading at $399.09, the stock is 4.10% and 5.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 1.71% at the moment leaves the stock 12.32% off its SMA200. SYK registered 16.68% gain for a year compared to 6-month gain of 26.32%. The firm has a 50-day simple moving average (SMA 50) of $378.2642 and a 200-day simple moving average (SMA200) of $354.9644.
The stock witnessed a 10.39% loss in the last 1 month and extending the period to 3 months gives it a 8.70%, and is 2.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.91% over the week and 1.97% over the month.
Stryker Corp (SYK) has around 52000 employees, a market worth around $152.14B and $22.59B in sales. Current P/E ratio is 51.43 and Fwd P/E is 26.80. Profit margin for the company is 13.25%. Distance from 52-week low is 26.72% and -1.75% from its 52-week high. The company has generated returns on investments over the last 12 months (9.12%).
with sales reaching $5.67B over the same period.The EPS is expected to grow by 10.68% this year, but quarterly earnings will post 8.39% year-over-year. Quarterly sales are estimated to grow 8.19% in year-over-year returns.
2683.0 institutions hold shares in Stryker Corp (SYK), with institutional investors hold 84.95% of the company’s shares. The shares outstanding are 381.22M, and float is at 357.30M with Short Float at 1.31%. Institutions hold 80.38% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.06 million shares valued at $10.91 billion. The investor’s holdings represent 8.4283 of the SYK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.8 million shares valued at $9.12 billion to account for 7.0458 of the shares outstanding. The other top investors are GREENLEAF TRUST which holds 18.55 million shares representing 4.8774 and valued at over $6.31 billion, while STATE STREET CORP holds 3.7504 of the shares totaling 14.27 million with a market value of $4.87 billion.
Stryker Corp (SYK) Insider Activity
The most recent transaction is an insider sale by STRYKER RONDA E, the company’s Director. SEC filings show that STRYKER RONDA E sold 201,392 shares of the company’s common stock on Jan 31 ’25 at a price of $392.24 per share for a total of $78.99 million. Following the sale, the insider now owns 3.64 million shares.
Still, SEC filings show that on Nov 15 ’24, Stiles Spencer S (Group President) disposed off 514 shares at an average price of $391.16 for $0.2 million. The insider now directly holds 50,611 shares of Stryker Corp (SYK).
